MBA Salary in India 2025: Average Package, Specialization-Wise Pay & ROI

MBA / PGDM, Duration - 2 Years

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Adya Taneja
Adya Taneja

Table of Content

Average MBA Salary in India 

The salary spectrum for an MBA graduate depends upon their institution tier, specialisation and experience level. A breakdown of the average salaries has been given below:

By Experience Level 

The following are the details of an average salary after MBA based on the experience level per month:

Experience Level 

Average Annual Package

Monthly Salary Range 

Top Tier Institutions Salary 

Fresh Graduates 

₹4.5-10 LPA

₹37,500-83,333

₹15-25 LPA

2-3 Years Experience

₹8-15 LPA

₹66,667-1,25,000

₹20-35 LPA

5+ Years Experience

₹15-30 LPA

₹1,25,000-2,50,000

₹35-60 LPA 

Senior Management 

₹30-80 LPA

₹2,50,000-6,66,667

₹50 LPA -₹1 CPA

By Specialisations 

Different MBA specialisations command different salaries. A complete breakdown of the top specialisations of MBA that scores an MBA graduate high salaries has been given below:

Specialisation 

Average Starting Package 

Mid Career Package 

Industry Growth Rate 

Finance 

₹6-12 LPA 

₹15-35 LPA 

12-15% annually 

Marketing 

₹5-10 LPA 

₹12-28 LPA 

10-13% annually 

Human Resources 

₹4.5-9 LPA 

₹10-22 LPA 

8-11% annually 

Operations 

₹5.5-11 LPA 

₹13-20 LPA 

11-14% annually 

IT Systems 

₹7-14 LPA 

₹18-40 LPA 

15-18% annually 

Consulting 

₹8-16 LPA 

₹20-45 LPA 

13-16% annually 

Data Analytics 

₹9-15 LPA 

₹22-50 LPA 

18-22% annually 

International Business

₹6-12 LPA 

₹15-35 LPA 

10-13% annually 

Top MBA Recruiters in India 

Leading companies across various fields end up choosing MBA graduates. The following are the leading companies:

McKinsey & Company 

Average Package Offered: ₹35-45 LPA

Preferred Specialization: Strategy, operations 

Hiring Volume: 15-20 Annually

Bain & Company 

Average Package Offered: ₹32-42 LPA 

Preferred Specialization: Consulting, Analytics

Hiring Volume: 12-18 Annually 

Amazon 

Average Package Offered: ₹25-35 LPA 

Preferred Specialization: Operations, Marketing 

Hiring Volume: 50-70 Annually 

Microsoft

Average Package Offered: ₹28-38 LPA

Preferred Specialization: Product management, Strategy

Hiring Volume: 20-30 Annually

Google 

Average Package Offered: ₹30-40 LPA 

Preferred Specialization: Marketing, Analytics 

Hiring Volume: 15-25 Annually 

Goldman Sachs 

Average Package Offered: ₹35-50 LPA 

Preferred Specialization: Finance, Investment Banking 

Hiring Volume: 10-15 Annually 

JP Morgan Chase 

Average Package Offered: ₹28-38 LPA 

Preferred Specialization: Finance, Risk Management 

Hiring Volume: 15-25 Annually 

Accenture 

Average Package Offered: ₹12-22 LPA 

Preferred Specialization: Consulting, Technology

Hiring Volume: 100-150 Annually 

Deloitte 

Average Package Offered:₹15-25 LPA 

Preferred Specialization: Consulting, Finance

Hiring Volume: 80-120 Annually 

PwC

Average Package Offered:₹14-24 LPA 

Preferred Specialization: Consulting, Audit

Hiring Volume: 70-100 Annually 

IIM MBA Salary Statistics 2025 

MBA salaries after IIMs in India. A breakdown of the same has been given below:

IIM

Highest Package 

Average Package 

Top Recruiters 

Placement Rate 

Ahmedabad

₹1.46 CPA

₹34.45 LPA 

McKinsey, BCG, Bain

100%

Bangalore

₹1.0 CPA 

₹35 LPA 

Goldman Sachs, McKinsey 

100%

Calcutta 

₹94.82 LPA 

₹32 LPA 

Consulting Firms, Tech

100%

Lucknow 

₹75 LPA 

₹28 LPA 

Amazon, Microsoft

100%

Kozhikode 

₹67 LPA 

₹25 LPA 

Consulting, Banking 

100%

Indore 

₹70 LPA 

₹27 LPA 

Tech, Consulting 

100%

Nagpur 

₹69.57 LPA 

₹18.07 LPA 

Microsoft, Amazon 

100%

Mumbai 

₹47.5 LPA 

₹22 LPA 

Accenture, PwC

100%

International MBA Salary Trends

International placements offer various opportunities and high salaries to MBA graduates. A breakdown of these salaries has been given below:

Region 

Average Package 

Popular Roles 

VISA Requirements 

USA

₹80 LPA-1.2 CPA 

Consulting, Finance, Tech 

H1-B/L1

Europe 

₹60-90 LPA

Strategy, Operations 

Work Permit 

Middle East 

₹45-75 LPA 

Finance, Oil & Gas 

Sponsorship 

Southeast Asia 

₹35-60 LPA 

Regional Management 

Work visa

Australia 

₹50-80 LPA 

Mining, Finance

Skilled Migration 

MBA ROI 

Understanding the Rate of Interest is extremely important.

  • It helps measure the financial viability of an MBA by comparing the cost of education to potential post-MBA earnings. 
  • It varies widely depending on the type of institution — from elite IIMs to Tier 2 private colleges or government-run universities. 
  • Factors such as average fees, starting salary, break-even period, and long-term earnings potential play a crucial role in this evaluation.

Below is the comprehensive analysis of MBA ROI across different types of institutes in India:

IIM 

ROI of MBA from IIM is as follow:

Average Fee:₹25-30 LPA 

Average Starting Salary:₹30-35 LPA 

Break-even Period:1.5-2 Years 

5 Year ROI:400-500%

Tier 1 Private 

ROI of MBA from Tier 1 Private Colleges is as follow

Average Fee:₹15-25 LPA 

Average Starting Salary:₹15-25 LPA 

Break Even Period:2-3 Years 

5 Year ROI:250-350%

Tier 2 Private  

ROI of MBA from Tier 2 Private Colleges is as follow

Average Fee:₹8-15 LPA 

Average Salary:₹8-15 LPA 

Break-even period:2.5-4 Years 

5 year ROI:150-250%

Government 

ROI of MBA from Government Colleges is as follow

Average Fee:₹2-5 LPA 

Average Salary:₹6-12 LPA 

Break-even Period:1-1.5 Years 

5 Year ROI:300-400%

 

Top Recruiters

Coca Cola Coca Cola
Adobe Adobe
Dell Dell
3i infotech 3i infotech
3M 3M
Amazon Amazon
American Express American Express
Bank of America Bank of America
Cognizant Cognizant
Citigroup Citigroup
Cisco Cisco
Central bank of india Central bank of india
Cadbury Cadbury
Boston Consulting Group Boston Consulting Group
Boston Analytics Boston Analytics
booz and company booz and company
atkearney atkearney
axis bank axis bank
Bank of Baroda Bank of Baroda
Bank of  India Bank of India
barclays capital barclays capital
Continuum Solutions Continuum Solutions
Cushman and Wakefield Cushman and Wakefield
Deloitte Deloitte
D. E. Shaw India Software Private Limited D. E. Shaw India Software Private Limited
Deutsche Bank Deutsche Bank
Dr.Reddy’s Laboratories Ltd Dr.Reddy’s Laboratories Ltd
Emami Limited Emami Limited
escorts escorts
essar group essar group
evalueserve evalueserve
eveready eveready
Futures First Futures First
Ge Capital Ge Capital
General Motors General Motors
godfrey philips india godfrey philips india
goldman sachs goldman sachs
grail research grail research
Hindustan Aeronautics Limited (HAL) Hindustan Aeronautics Limited (HAL)
Hindustan Unilever Limited Hindustan Unilever Limited
Hewlett-Packard (HP) Hewlett-Packard (HP)
HPCL HPCL
hughes communication hughes communication
IBM IBM
ICICI Bank ICICI Bank
ici india ici india
imrb imrb
inductis inductis
infosys infosys
ING Vysya Bank ING Vysya Bank

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Frequently Asked Questions

Which MBA has the highest salary?

Finance and consulting specialisations currently offer the highest salary.

Can an MBA earn 1 crore per month?

While extremely rare, senior MBA professionals in top tier consulting firms, finance, investment banking or successful entrepreneurs can potentially earn up to ₹1 crore per month.

Who earns more CA or MBA?

CAs typically have higher starting salaries in finance roles, while MBAs have broader career options and faster progression in general management roles.

What is the MBA salary per month?

Fresh MBA graduates earn ₹37,500 - ₹83,333 per month on average, while experienced professionals can earn ₹1,25,000 - ₹2,50,000 per month

Is an MBA a high paying job?

Yes, MBA is generally considered a high-paying career path.

Which degree is best for a CEO?

Many successful CEOs have engineering or other technical backgrounds complemented by MBA education.

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